You don't ALWAYS have to be trading and you don't always need to have an active trade running to make profit in the markets. The best thing to do is wait for price to reach your analysis and then execute the trade. There is no point in spending all the time looking for setups if when it comes to it you start entering at lower prices or higher prices because you are worried it isn't going to reach your target.
If it doesn't reach, so what? You've not lost any of your capital and you go again the day after. I've known people change their whole outlook on a chart and place their stop loss at their original entry as they thought price was moving in the direction they wanted early, only to find they get stopped out and then see their original analysis was bang on point. Just be patient, let the trade run to you don't chase it.
EURUSD - I'm waiting for price to come up to the 50% fib area where we have nice structure from previous price action. Simple setup nice RR
If it doesn't reach, so what? You've not lost any of your capital and you go again the day after. I've known people change their whole outlook on a chart and place their stop loss at their original entry as they thought price was moving in the direction they wanted early, only to find they get stopped out and then see their original analysis was bang on point. Just be patient, let the trade run to you don't chase it.
EURUSD - I'm waiting for price to come up to the 50% fib area where we have nice structure from previous price action. Simple setup nice RR